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20 Apr
17:20

Stable energy, automotive gains drive Nucor earnings

Nucor Corporation has released its Q1 earnings of $1.14 billion on sales of $8.87 billion, Kallanish learns. In Q1 last year, Nucor announced sales of $10.49 billion and earnings of $2.09 billion. “Demand from non-residential construction, our largest end market, continues to be robust, driven by strength in infrastructure and manufacturing investment. Average steel mill utilisation rates and profit margins were both up in the first quarter compared to the f…
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